The object of the tender is to find an investment manager for handling LD Pensions’ assets within the positive pursuits equity mandate. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed with KLD.
The size of the mandate covered by this contract notice is indicative due to LD Pensions’ inability to determine the volume in advance. The value of the contract is therefore LD Pensions best estimate based on the current assets.
LD Pensions is selecting an investment manager to provide investment management services for the following mandate: positive pursuits equity (expected size DKK 1.200 million/appx. EUR 160 million). The mandate is a segregated account and the investment style is active. The objective is to deliver competitive risk adjusted equity returns over a full market cycle. The investment universe of the Fund is limited and defined as companies with a purpose, product or service that match the Future-Fit Foundation Positive Pursuits, by either:
• creating positive impact itself – by taking action to foster well-being or restore the environment,
• amplify the positive impact of others – by helping them take action to foster well-being or restore the environment,
• reduce the negative impact of others – by helping them avoid actions that undermine well-being or degrade the environment.
A more detailed description of the characteristics of the mandate can be found in the document ‘Investment Guidelines’ and the questionnaire which both can be obtained on EU-supply. The size of the mandate covered by this contract notice is indicative due to LD Pensions’ inability to determine the volume in advance.